Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Moab Minerals (ASX:MOM)
Moab Minerals completed drilling at its Manyoni project in Tanzania, with the first batch of assay results expected late this month or early January 2025. The drilling aims to validate uranium mineralization grades and provide information on different styles for the first JORC mineral resource estimate in 2025.
Golden State Mining (ASX:GSM)
Golden State Mining is set to test multiple gold targets next season, with three new areas identified at the Yule project and rock chip results confirming historic gold anomalies at the Canning Hill project in Western Australia. In addition, a gold-in-soil and gold pathfinder geochemical and structural anomaly will be drill-tested at the Southern Cross East project, also located in Western Australia.
Voltaic Strategic Resources (ASX:VSR)
Voltaic Strategic Resources named non-executive director Daniel Raihani chairman, effective immediately, succeeding John Hannaford, who will remain on the board as a non-executive director.
Triton Minerals (ASX:TON)
Triton Minerals executed a share sale and purchase agreement with Shandong Yulong Gold, through its subsidiary NQM Gold 2, for the sale of at least 70% of its interests in the entities holding the Ancuabe Graphite project in Mozambique for AU$17 million.
Many Peaks Minerals (ASX:MPK)
Many Peaks Minerals started air-core drilling at its Odienne gold project in the Ivory Coast to assess priority targets from its recent auger drilling campaign.
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